TWO-YEAR: Yield increased less than a basis point to 1.51 percent. The two-year/10-year spread is 92 basis points, compared with 92 basis points a week ago. The two-year/30-year spread is 141 basis points, down from 143 basis points a week ago.

10-YEAR: Yield decreased 2 basis points to 2.43 percent, compared with 2.42 percent for a 10-year Treasury. The gap between 10-year municipal bonds and Treasurys has been narrowing over the last week. It was 1 basis point on Nov. 22. The 10-year/30-year spread for municipal bonds is 48 basis points.